DSCR up to 8 units in Washington, TX

DSCR loan in Washington, TX is based on the property's cash flow without the borrower's income verification.

DSCR stands for “long-term debt service coverage ratio.” These loans are for real estate investors who wish to grow their property portfolio in Washington, TX, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Washington, TX

  • Property types: residential 1-8 units
  • Loan amounts from $75,000
  • 80% LTV purchase/75% Cashout
  • 30-year fixed or 5/7/10 ARM (I/O)
  • Rates from 6.5%
  • Minimum FICO 660
  • No income verification
  • Low fees and costs

Buy-and-hold investors in Washington, TX can be assured that by working with Horizon Lending Services, we will always provide the best opportunities at the best possible rates.

If you are looking at a single-family home, condo, townhome, or multiplex, our Washington, TX real estate investors have you covered.

Investment Opportunities in Washington, TX

Benefits of DSCR Loan in Washington, Texas

The Debt Service Coverage Ratio (DSCR) loan in Washington, Texas offers several advantages to borrowers. With a DSCR loan, borrowers can access financing based on the property’s cash flow rather than their personal income. This type of loan is particularly beneficial for investors looking to purchase or refinance rental properties.

Demographically, Washington, Texas is a diverse and growing community. The population consists of a mix of young professionals, families, and retirees. The area is known for its strong job market, with a booming tech sector attracting a range of skilled workers to the region.

In terms of the housing market, Washington, Texas offers a variety of options ranging from single-family homes to luxury apartments. The market is competitive, with rising home values and a low inventory of available properties. The demand for rental properties remains high, making it an attractive market for real estate investors.

Some of the main attractions in Washington, Texas include the vibrant arts and culture scene, beautiful parks and outdoor recreational areas, as well as a diverse culinary landscape. The city also boasts a rich history and a range of museums and historical sites for residents and visitors to explore.

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